PRMW vs. NWE, MGEE, AVA, PNM, MYRG, CWT, SR, AWR, ALE, and OTTR
Should you be buying Primo Water stock or one of its competitors? The main competitors of Primo Water include NorthWestern Energy Group (NWE), MGE Energy (MGEE), Avista (AVA), PNM Resources (PNM), MYR Group (MYRG), California Water Service Group (CWT), Spire (SR), American States Water (AWR), ALLETE (ALE), and Otter Tail (OTTR). These companies are all part of the "utilities" sector.
Primo Water (NYSE:PRMW) and NorthWestern Energy Group (NYSE:NWE) are both mid-cap utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, dividends, earnings, valuation, institutional ownership, risk, analyst recommendations, media sentiment and profitability.
Primo Water presently has a consensus target price of $20.75, indicating a potential upside of 9.38%. NorthWestern Energy Group has a consensus target price of $51.71, indicating a potential upside of 2.45%. Given Primo Water's stronger consensus rating and higher possible upside, analysts plainly believe Primo Water is more favorable than NorthWestern Energy Group.
Primo Water pays an annual dividend of $0.36 per share and has a dividend yield of 1.9%. NorthWestern Energy Group pays an annual dividend of $2.60 per share and has a dividend yield of 5.2%. Primo Water pays out 24.2% of its earnings in the form of a dividend. NorthWestern Energy Group pays out 80.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
In the previous week, NorthWestern Energy Group had 11 more articles in the media than Primo Water. MarketBeat recorded 16 mentions for NorthWestern Energy Group and 5 mentions for Primo Water. NorthWestern Energy Group's average media sentiment score of 0.45 beat Primo Water's score of 0.39 indicating that NorthWestern Energy Group is being referred to more favorably in the news media.
Primo Water has higher revenue and earnings than NorthWestern Energy Group. Primo Water is trading at a lower price-to-earnings ratio than NorthWestern Energy Group, indicating that it is currently the more affordable of the two stocks.
NorthWestern Energy Group has a net margin of 13.62% compared to Primo Water's net margin of 10.82%. Primo Water's return on equity of 8.55% beat NorthWestern Energy Group's return on equity.
Primo Water has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Comparatively, NorthWestern Energy Group has a beta of 0.43, meaning that its stock price is 57% less volatile than the S&P 500.
Primo Water received 39 more outperform votes than NorthWestern Energy Group when rated by MarketBeat users. Likewise, 62.12% of users gave Primo Water an outperform vote while only 13.33% of users gave NorthWestern Energy Group an outperform vote.
87.7% of Primo Water shares are owned by institutional investors. Comparatively, 96.1% of NorthWestern Energy Group shares are owned by institutional investors. 2.5% of Primo Water shares are owned by insiders. Comparatively, 0.9% of NorthWestern Energy Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Primo Water beats NorthWestern Energy Group on 12 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRMW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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